Gold Silver Reports (GSR) – Oman oil minister Mohammed Al-Rumhi told Bloomberg TV that the agreement between the Organization of Petroleum Exporting Countries (OPEC) and partners including Russia and Oman can sustain prices at $60 a barrel.
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Spot Gold Watch in 2019
Spot Gold Watch in 2019 – Golden Opportunity – Gold bulls seized the initiative in the final months of 2018 and there’s plenty to suggest the haven may hold up.
Gold Prices Rally is Put on Hold After ‘Monster’ US Payrolls Gain
The payrolls figures was a “monster number,” said Tai Wong, head of base and precious metals derivatives trading at BMO Capital Markets.
Gold prices fall after 3 days but silver rates top Rs 40,000
![Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]](https://www.goldsilverreports.com/wp-content/uploads/2018/12/gold-silver-shop-neal-bhai-reports.jpg)
In Delhi, prices of gold of 99.9% and 99.5% purities today declined by Rs 145 each to Rs 32,690 and Rs 32,540 per 10 gram, respectively. Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
Gold Poised for Weekly Gain as Global Jitters Boost Haven Demand
Gold is headed for a third weekly gain after turbulent equity markets sent investors hunting for haven assets amid global growth concerns. Futures breached $1,300 an ounce in New York and spot gold flirted with the level in early London trading, before dropping back as stocks in Europe and Asia recovered some of their losses ahead of fresh trade negotiations between the U.S. and China next week.
Gold Futures Trade @ Discount to Spot Prices
MCX February 5 expiry contract witnessed a sudden, intraday fall of 0.85 per cent, or Rs 271, to Rs 31,300 per 10 gm. The gold import duty is 10 per cent.